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Business Headlines

Curated news from Bloomberg Business

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published Aug 3rd 2017, 4:58 pm, by Alan Bjerga and Dominic Carey (Bloomberg) —Ready to quit the city, buy a farm and live out your rural fantasy? Bargains can be found in South Dakota, but you better move quickly in California, which is getting pricey. Average farmland values nationwide have

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Business Headlines

published Aug 3rd 2017, 6:32 pm, by Angus Whitley (Bloomberg) —Two men will appear in an Australian court on Friday charged over an alleged plot to bring down an Etihad Airways PJSC flight last month with a homemade bomb. The Australian Federal Police allege the two men, aged 49 and

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Business HeadlinesYour Money

published Aug 1st 2017, 4:45 am, by Ben Steverman (Bloomberg) —Millions of American workers are frozen out of their companies’ pension plans. Maybe you get a 401(k), if you’re lucky. But the traditional pension is dead. Unless, perhaps, you’re already retired. It still lives for millions of older Americans who worked and qualified for

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Business Headlines

published Aug 2nd 2017, 10:27 pm, by Chris Strohm (Bloomberg) —Attorney General Jeff Sessions is keeping his job, at least for now. New White House Chief of Staff John Kelly told Sessions in a phone call over the weekend that President Donald Trump doesn’t intend to fire him and that

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Business Headlines

published Aug 1st 2017, 7:28 pm, by Alex Webb (Bloomberg) —Apple Inc. gave a revenue forecast that highlighted resilient demand for the iPhone ahead of the launch of its new models and the growing significance of the company’s supporting businesses. New iPhones typically go on sale in mid- to late

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Business Headlines

published Aug 1st 2017, 4:40 pm, by Nafeesa Syeed (Bloomberg) —U.S. Secretary of State Rex Tillerson urged continued “peaceful pressure” on North Korea, even as one Republican senator ratcheted up talk of war. Taking stock of his tenure after six months in office, Tillerson told reporters at the State Department

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Business Headlines

published Aug 1st 2017, 5:05 pm, by Mark Chediak and Jim Polson (Bloomberg) —Looking to buy two half-finished nuclear reactors? It may be your lucky day. U.S. utility owner Scana Corp. dropped a plan to build two reactors at the V.C. Summer power plant in South Carolina on Monday after the projected

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Business Headlines

published Jul 27th 2017, 11:15 am, by Megan McArdle (Bloomberg View) —Everyone who has been touched by the case of Charlie Gard is in a terrible position. This 11-month-old British boy, born with an extremely rare mitochondrial DNA disorder that has damaged his brain and left him unable to move

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Business Headlines

published Jul 31st 2017, 7:02 pm, by Joe Ryan (Bloomberg) —Deepwater Wind LLC is proposing to pair Tesla Inc. batteries with massive offshore wind turbines as part of a bid to supply the state of Massachusetts with clean energy generated at sea. The 144-megawatt development would stockpile electricity produced late

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Business HeadlinesYour Money

published Jul 26th 2017, 12:45 pm, by Noah Smith (Bloomberg View) —Does market-beating performance disappear as an asset manager gets big? This is a crucial question for investors and for the finance industry. Most introductory finance classes, or personal finance tutorials, start with an explanation of compound interest. They show

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